Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 08, 2024

The contribution income statement of XYZ Manufacturing Company for the most recent year is given below: AED Sales (15,000 units X AED 40 per unit)

The contribution income statement of XYZ Manufacturing Company for the most recent year is given below: AED Sales (15,000 units X AED 40 per unit) Variable expenses (15.000 units x 20). Contribution margin Fixed expenses Net operating profit AED 100,000 Required: a. Compute CM ratio 15 marks) b. Compute break-even point in unit sales [5 marks] C. Compute the degree of operating leverage [5marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

8.28 A random sample of n = 300 observations from a binomial population produced x = 263 successes. Find a 90% confidence interval for p and interpret the interval.

Answered: 1 week ago

Question

★★★★★

Gundagai Ltd was incorporated on 30 June 2016. On 1 July 2016, the company issued a prospectus offering 300 000 ordinary shares at an issue price of $10, payable on the following terms: $3 on...

Answered: 1 week ago

Question

★★★★★

Please fill in the values for the blue bordered boxes, thanks. 4 ! Required Information [The following information applies to the questions displayed below.] Part 1 of 2 Hemming Co. reported the...

Answered: 1 week ago

Question

★★★★★

Hi there looking for help to understand these questions For this question you must give all answers rounded correct to exactly 3 significant figures (instead of decimal places}. Recall that leading...

Answered: 1 week ago

Question

★★★★★

Quality control is an effective tool used to reduce cost by controlling factors that increase cost during operations. Locate an article in the scholarly journal or a news article that discusses the...

Answered: 1 week ago

Question

★★★★★

Choose a company currently operating in the UK (it does not have to be British in origin). Evaluate the following aspects of the company in question: Organisational Structure Organisational Culture...

Answered: 1 week ago

Question

★★★★★

Thinking about your natural negotiation style, ask yourself: In general, when does your style help you and when does it not help you in negotiation situations? Now, think about how you can translate...

Answered: 1 week ago

Question

★★★★★

There are three (3) columns, the first column is the reduction of prevention costs, second column is progressive reduction of appraisal costs, and the last column is reduction of failure costs. 2.In...

Answered: 1 week ago

Question

★★★★★

( Scenario 1 4 - 1 ) After it launched, PlayWithMe contracted with three major search engines to show its advertisements any time a user searched for certain terms that were closely identified with...

Answered: 1 week ago

Previous Question Next Question